Summary: Eastport-South Manor Central School District, New York; General Obligation; School State Program - S&P Global Ratings’ Credit Research

Summary: Eastport-South Manor Central School District, New York; General Obligation; School State Program

Summary: Eastport-South Manor Central School District, New York; General Obligation; School State Program - S&P Global Ratings’ Credit Research
Summary: Eastport-South Manor Central School District, New York; General Obligation; School State Program
Published Jan 30, 2023
7 pages (2769 words) — Published Jan 30, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA-' rating to Eastport-South Manor Central School District (CSD), N.Y.'s series 2023 $17.16 million general obligation (GO) school district refunding bonds. At the same time, we affirmed our 'AA-' rating on the district's outstanding GO debt, as well as our 'AA–' rating on the New York State Dormitory Authority's (DASNY) series 2012G bonds, of which the district is a member. The outlook is stable. The district's faith and credit secures the bonds. The proceeds will be used to refund the district's outstanding 2012G bonds for net present value savings. DASNY issued the series 2012G bonds on behalf of Eastport-South Manor and Longwood CSDs. The bonds represent a faith-and-credit GO pledge of participating school districts (Eastport-South

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##-' rating to Eastport-South Manor Central School District (CSD), N.Y.'s series 2023 $17.16 million general obligation (GO) school district refunding bonds. + At the same time, we affirmed our '##-' rating on the district's outstanding GO debt, as well as our '##¡' rating on the New York State Dormitory Authority's (DASNY) series 2012G bonds, of which the district is a member. + The outlook is stable....

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Eastport-South Manor Central School District, New York; General Obligation; School State Program" Jan 30, 2023. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Eastport-South-Manor-Central-School-District-New-York-General-Obligation-School-State-Program-2942686>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Eastport-South Manor Central School District, New York; General Obligation; School State Program Jan 30, 2023. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Eastport-South-Manor-Central-School-District-New-York-General-Obligation-School-State-Program-2942686>
  
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